Bonk (BONK) Tokenomics
Bonk (BONK) Information
Bonk is the first Solana dog coin for the people, by the people with 50% of the total supply airdropped to the Solana community. The Bonk contributors were tired of toxic “Alameda” tokenomics and wanted to make a fun memecoin where everyone gets a fair shot.
Bonk (BONK) Tokenomics & Price Analysis
Explore key tokenomics and price data for Bonk (BONK), including market cap, supply details, FDV, and price history. Understand the token's current value and market position at a glance.
In-Depth Token Structure of Bonk (BONK)
Dive deeper into how BONK tokens are issued, allocated, and unlocked. This section highlights key aspects of the token's economic structure: utility, incentives, and vesting.
Bonk (BONK) is a Solana-based meme token with deep integrations across DeFi, gaming, and payments within the Solana ecosystem. Its token economics are designed to foster community engagement, incentivize liquidity, and support long-term ecosystem growth. Below is a comprehensive breakdown of its issuance, allocation, usage, incentives, locking, and unlocking mechanisms.
Issuance Mechanism
- Token Standard & Supply: BONK is primarily an SPL token on Solana, with a maximum supply of approximately 93.56 trillion tokens. It is also bridged to Ethereum, BNB Smart Chain, Polygon, and Arbitrum, but core functionalities are on Solana.
- Initial Distribution: There was no public or private sale; the majority of tokens were distributed via airdrop and ecosystem allocations.
Allocation Mechanism
The initial allocation of BONK tokens is as follows:
| Allocation Recipient | % of Supply | Amount (BONK) |
|---|---|---|
| Solana NFT Projects | 21.0% | 21,000,000,000,000 |
| Early Contributors | 21.0% | 21,000,000,000,000 |
| BONKDAO | 15.8% | 15,800,000,000,000 |
| Solana Market Participants & DeFi Users | 15.8% | 15,800,000,000,000 |
| Solana Artists & Collectors | 10.5% | 10,500,000,000,000 |
| Initial Liquidity | 5.3% | 5,300,000,000,000 |
| Solana Developers | 5.3% | 5,300,000,000,000 |
| Marketing | 5.3% | 5,300,000,000,000 |
- No Team Sale: No tokens were sold to the public or private investors, and no portion was used for fundraising.
Usage and Incentive Mechanisms
Primary Uses:
- Payments: Used across a growing list of dApps and platforms for payments and rewards.
- DeFi: BONK can be paired with other tokens in liquidity pools (e.g., BonkSwap), earning LPs a share of transaction fees (APY ranged from 23.43% to 43.36% as of Jan. 31, 2024).
- Staking: Liquidity providers in incentivized pools (BONK/SOL, BONK/USDC) receive esBONK rewards, which can be staked to unlock BONK over time.
- Gaming & NFTs: Used in games, NFT minting, and as rewards in various gamified applications.
- Referral Programs: BONKBot offers referral rewards paid in BONK, funded by a portion of trading fees.
Incentive Mechanisms:
- esBONK Staking: ~55.56 million esBONK distributed daily to LPs. esBONK can be staked to unlock BONK at a 1:1 ratio over 365 days.
- Referral Rewards: Users referring new traders to BonkBot receive a share of trading fees in BONK (30% first month, 20% second, 10% ongoing).
Locking and Unlocking Mechanisms
Locking
- esBONK Staking: esBONK tokens earned by LPs are locked and can be staked to unlock BONK linearly over 365 days.
- Early Contributors: Their allocation is subject to a 3-year linear vesting schedule.
Unlocking
| Allocation Recipient | Unlock Type | Granularity | Start Date | End Date | Locking Period (days) |
|---|---|---|---|---|---|
| Early Contributors | Linear | Daily | 2023-01-01 | 2025-12-31 | 1,096 |
- Early Contributors: Receive daily unlocks of their allocation over three years, from Jan 1, 2023, to Dec 31, 2025.
- esBONK Staking: Users unlock BONK linearly over 365 days by staking esBONK.
Summary Table: Allocation, Locking, and Unlocking
| Allocation Recipient | % of Supply | Locking Mechanism | Unlocking Period |
|---|---|---|---|
| Solana NFT Projects | 21.0% | Not specified | Not specified |
| Early Contributors | 21.0% | 3-year linear vesting | 2023-01-01 to 2025-12-31 |
| BONKDAO | 15.8% | Not specified | Not specified |
| Solana Market Participants & DeFi Users | 15.8% | Not specified | Not specified |
| Solana Artists & Collectors | 10.5% | Not specified | Not specified |
| Initial Liquidity | 5.3% | Not specified | Not specified |
| Solana Developers | 5.3% | Not specified | Not specified |
| Marketing | 5.3% | Not specified | Not specified |
Additional Notes
- No Mint/Freeze Authority: The BONK token contract on Solana does not have mint or freeze authority, ensuring decentralization and security.
- No Delegated Staking: Staking is for liquidity incentives, not network security; there is no delegated staking or node operation.
- Ecosystem Integrations: BONK is integrated with 100+ dApps, including DeFi, gaming, NFT, and social platforms.
In summary: BONK’s token economics are community-focused, with airdrop-based distribution, strong DeFi incentives, and a transparent, time-locked vesting for contributors. Its utility spans payments, DeFi, gaming, and social rewards, with mechanisms to encourage long-term participation and ecosystem growth.
Bonk (BONK) Tokenomics: Key Metrics Explained and Use Cases
Understanding the tokenomics of Bonk (BONK) is essential for analyzing its long-term value, sustainability, and potential.
Key Metrics and How They Are Calculated:
Total Supply:
The maximum number of BONK tokens that have been or will ever be created.
Circulating Supply:
The number of tokens currently available on the market and in public hands.
Max Supply:
The hard cap on how many BONK tokens can exist in total.
FDV (Fully Diluted Valuation):
Calculated as current price × max supply, giving a projection of total market cap if all tokens are in circulation.
Inflation Rate:
Reflects how fast new tokens are introduced, affecting scarcity and long-term price movement.
Why Do These Metrics Matter for Traders?
High circulating supply = greater liquidity.
Limited max supply + low inflation = potential for long-term price appreciation.
Transparent token distribution = better trust in the project and lower risk of centralized control.
High FDV with low current market cap = possible overvaluation signals.
Now that you understand BONK's tokenomics, explore BONK token's live price!
How to Buy BONK
Interested in adding Bonk (BONK) to your portfolio? MEXC supports various methods to buy BONK, including credit cards, bank transfers, and peer-to-peer trading. Whether you're a beginner or pro, MEXC makes crypto buying easy and secure.
Bonk (BONK) Price History
Analyzing the price history of BONK helps users understand past market movements, key support/resistance levels, and volatility patterns. Whether you are tracking all-time highs or identifying trends, historical data is a crucial part of price prediction and technical analysis.
BONK Price Prediction
Want to know where BONK might be heading? Our BONK price prediction page combines market sentiment, historical trends, and technical indicators to provide a forward-looking view.
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Disclaimer
Tokenomics data on this page is from third-party sources. MEXC does not guarantee its accuracy. Please conduct thorough research before investing.
Buy Bonk (BONK)
Amount
1 BONK = 0.00002579 USD